Uncertainties Surround Future of Van Wezel and Upcoming Sarasota Performing Arts Center at Bay Park

SARASOTA, Fla. (Suncoast Searchlight) – The Bay Park project in Sarasota, envisioned over a decade ago, aims to transform 53 acres surrounding the Van Wezel Performing Arts Hall into an expansive public park reshaping the city’s waterfront.

The first phase was completed in 2022, introducing green spaces, walking paths, and community amenities. A second phase, including a planned $407 million performing arts center, faces challenges due to debates and shifting political attitudes that may jeopardize taxpayer funding.

Funding for the center is expected to arise from grants, private donations, and revenue from a Tax Increment Financing (TIF) district established five years ago, projected initially to raise $200 million over three decades. However, the recent projection by the Sarasota Performing Arts Foundation shows that rising property values have increased this figure to $775 million.

Proponents argue this surplus should cover costs of a new glass-covered complex featuring a 2,700-seat theater, while critics suggest existing venues like the Van Wezel suffice, advocating for funds to instead address urgent needs such as affordable housing and infrastructure improvements.

Political leaders are divided, with the county showing hesitance to maintain financial support. Recent history reveals that none of the county commissioners who approved the TIF are still in office, and the county contributed less than half its share of tax dollars generated by the TIF last year.

“We have a fiduciary responsibility for those tax dollars,” stated Sarasota County Commissioner Mark Smith. “It’s not guaranteed the county will be involved for the full 30 years.”

If the county opts out, the financial burden would shift entirely to the city and the Sarasota Performing Arts Foundation, thus raising concerns about the project’s viability. The city’s decision on whether to proceed with a $36 million contract to the architecture firm designing the new center will be discussed in an upcoming meeting. If approved, a termination fee of $3.6 million would apply should the project be halted.

The existing Van Wezel, affectionately termed the “Purple Cow,” is a landmark of Sarasota’s cultural identity, having hosted various performances since its opening in 1970. Though it remains popular, it has faced criticisms regarding its capacity and recent damage from Hurricane Milton, which imperiled several performances following significant flooding.

An engineering report estimates $17 million is needed for repairs and upgrades to ensure the venue’s viability long-term. Critics argue, if funding is allocated for the arts, it should prioritize renovating the Van Wezel instead of constructing a new center.

“We used to take such pride” in the Van Wezel, notes resident Kelly Franklin, who started KeeptheVanWezel.com to advocate for its preservation amidst tensions over the planned new performing arts center, which some see as a potential competitor.

Mayor Liz Alpert, a supporter of the future center, asserts that surveys reveal a majority of residents desire the new venue. However, Franklin raises concerns about survey transparency, noting lack of awareness among respondents about the redevelopment costs.

Key Information

• Project: Sarasota’s Bay Park project, encompassing 53 acres.
• Status: First phase completed in 2022; ongoing second phase includes a $407 million performing arts center.
• Funding: Originally estimated $200 million from TIF, but revised to $775 million due to rising property values.
• Controversy: Debates over necessity of a new center vs. preserving and renovating the Van Wezel.
• Financial Concerns: Uncertain future if the county withdraws its funding commitment.
• Community Support: Divided opinions among residents and local leaders.

As Sarasota approaches a crucial decision point, the dynamics of public opinion, politics, and financial feasibility lay the groundwork for an ongoing discussion about the city’s cultural future.